Expro Group Holdings (NYSE:XPRO) Holdings Boosted by Marshall Wace LLP

Marshall Wace LLP increased its stake in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 12.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,257,383 shares of the company's stock after purchasing an additional 135,281 shares during the quarter. Marshall Wace LLP owned approximately 1.07% of Expro Group worth $15,680,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. R Squared Ltd acquired a new stake in shares of Expro Group in the fourth quarter valued at about $27,000. Sterling Capital Management LLC grew its position in Expro Group by 824.7% in the 4th quarter. Sterling Capital Management LLC now owns 3,033 shares of the company's stock valued at $38,000 after acquiring an additional 2,705 shares in the last quarter. US Bancorp DE increased its position in shares of Expro Group by 56.0% during the fourth quarter. US Bancorp DE now owns 4,171 shares of the company's stock worth $52,000 after acquiring an additional 1,497 shares during the period. KBC Group NV increased its stake in shares of Expro Group by 75.3% during the fourth quarter. KBC Group NV now owns 5,968 shares of the company's stock worth $74,000 after buying an additional 2,563 shares during the period. Finally, Entropy Technologies LP purchased a new stake in Expro Group during the 4th quarter worth about $173,000. Institutional investors own 92.07% of the company's stock.

Expro Group Trading Down 2.0 %

Shares of XPRO traded down $0.17 during mid-day trading on Friday, reaching $8.17. The company had a trading volume of 1,038,967 shares, compared to its average volume of 1,212,181. The stock has a market cap of $947.95 million, a price-to-earnings ratio of 58.36, a price-to-earnings-growth ratio of 1.28 and a beta of 0.98. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $10.02 and a 200-day simple moving average of $12.34. Expro Group Holdings has a fifty-two week low of $6.70 and a fifty-two week high of $24.50.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on XPRO shares. The Goldman Sachs Group lowered their target price on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Barclays dropped their target price on shares of Expro Group from $17.00 to $14.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th.

About Expro Group

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.